Jarden Brief: Volvo eyes IPO
12 May, 2021 08:33 PM
7 minutes to read
The car company is tipped for a valuation in excess of US$20 billion. Photo / Getty Images
The car company is tipped for a valuation in excess of US$20 billion. Photo / Getty Images
NZ Herald
Coming Up Today: The US will release Producer Price Index numbers and Initial Jobless Claims numbers. New Zealand incubated Fintech company, Xero, will release its full year earnings. Closer to home, Goodman Property and Tilt Renewables will also release their full year earnings.
New Zealand:
New Zealand equities traded lower at yesterday s close with the S&P/NZX 50 finishing the day down 0.6 per cent to 12,564.21 points.
Shortages of semiconductors are battering automakers and tech giants, raising alarm bells from Washington to Brussels to Beijing. The crunch has raised a fundamental question for policymakers, customers and investors: Why can’t we just make more chips?
There is both a simple answer and a complicated one. The simple version is that making chips is incredibly difficult and getting tougher. “It’s not rocket science it’s much more difficult,” goes one of the industry’s inside jokes. The more complicated answer is that it takes years to build semiconductor fabrication facilities and billions of dollars and even then the economics are so brutal that you can lose out if your manufacturing expertise is a fraction behind the competition. Former Intel Corp. boss Craig Barrett called his company’s microprocessors the most complicated devices ever made by man.
Were Hedge Funds Right About Applied Materials (AMAT)? yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
TSMC files record number of patents for inventions
Staff writer, with CNA
Taiwan Semiconductor Manufacturing Co (台積電) in the first three months of this year filed the most invention patent applications it has ever filed in a quarter, retaining its place as the nation’s top patent applicant, the Ministry of Economic Affairs said last week.
In the first quarter, the world’s largest contract chipmaker filed 678 invention patents, up 426 percent quarter-on-quarter and the most among Taiwanese and foreign applicants for an eighth straight quarter, Intellectual Property Office data showed.
Among foreign applicants, US-based chip designer Qualcomm Inc placed first with 215 invention patent applications, up 46 percent from the previous quarter, the data showed.
Zoom Video Communications Inc. (NASDAQ: ZM)
Applied Materials Inc. (NASDAQ: AMAT)Square Inc.
Square is a tech company that specializes in financial services and digital payments. The company enables its sellers to run and grow their businesses by providing a commerce ecosystem. In detail, it combines its intuitive software with affordable hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Impressively, its products help sellers make informed business decisions through analytics and reporting. SQ stock has been up by about 300% over the past year.
Source: TD Ameritrade TOS
In February, the company announced its fourth-quarter and full-year 2020 financial results. Square reported a gross profit of $804 million for the quarter, a 52% increase year-over-year. Its Cash App delivered strong growth, enjoying gains of 162% year-over-year in gross profit at $377 million. In addition to that, the companyâs Seller ecosyst